Fact sheet: Renasset Eastern European

Fund information

Fund name
Renasset Eastern European AA GBP
Fund company manager
Mori Capital Management
Fund type
SIB
Fund manager(s)
Aziz Unan
since 01/01/2015
Fund objective
The Fund seeks long-term capital appreciation through investments primarily in a portfolio of Eastern European securities. The manager uses a bottom-up approach to incorporate both stock and sector views. The manager’s stockpicking style is a combination of proprietary valuation models, target prices, stock market capitalisation, liquidity and his view on the management’s quality. Please note that A Euro shares are closed to new subscriptions.
Benchmark
MSCI EM Europe 10/40
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

20.3 %

1 Year rank in sector

15/28

Sector

FO Equity - Emerging Europe

Yield
-
Fund size

£ 84.9 m

FE Risk score

146

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Russia
    51.8%
  • Turkey
    26.2%
  • Poland
    12.7%
  • Greece
    4.9%
  • Czech Republic
    3.9%
  • Financials
    29.8%
  • Energy
    23.1%
  • Materials
    11.4%
  • Consumer Staples
    11.2%
  • Industrials
    9.6%
  • Russian Equities
    51.8%
  • Turkish Equities
    26.2%
  • Polish Equities
    12.7%
  • Greek Equities
    4.9%
  • Czech Republic Equities
    3.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.87 %4.41 %20.3 %25.4 %10.88 %
Sector-3.19 %1.18 %19.41 %16.16 %6.38 %
Rank within sector12 / 287 / 2815 / 288 / 2814 / 28
Quartile th2 nd1 st3 rd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund9.72 %46.69 %-7.24 %-28.49 %-5.63 %
Sector8.81 %22.68 %-3.06 %-22.02 %-2.16 %
Rank within sector14 / 282 / 2823 / 2822 / 2827 / 28
Quartile th2 nd1 st4 th4 th4 th

Risk statistics

Alpha3.59
Beta1.04
Sharpe0.21
Volatility19.51
Tracking error10.82
Information ratio0.29
R-Squared0.7

Price movement

52 week high10.09
52 week low7.85
Current bid price0
Current offer price0
Current mid price9.48

Holdings by region

  • 51.8% Russia
  • 26.2% Turkey
  • 12.7% Poland
  • 4.9% Greece
  • 3.9% Czech Republic
  • 1.7% Ukraine
  • 0.4% Kazakhstan
  • -1.6% Money Market

Holdings by sector

  • 29.8% Financials
  • 23.1% Energy
  • 11.4% Materials
  • 11.2% Consumer Staples
  • 9.6% Industrials
  • 6.3% Telecommunications
  • 3.1% Real Estate
  • 2.8% Consumer Discretionary
  • 1.9% Others
  • 1.6% Information Technology

Holdings by asset type

  • 51.8% Russian Equities
  • 26.2% Turkish Equities
  • 12.7% Polish Equities
  • 4.9% Greek Equities
  • 3.9% Czech Republic Equities
  • 1.7% European Emerging Equities
  • 0.4% Kazakhstani Equities
  • -1.6% Money Market

Individual holdings

  • 8.9% SBERBANK OF RUSSIA
  • 6.9% LUKOIL PJSC
  • 4.9% GAZPROM OAO
  • 4.5% POWSZECHNY ZAKLAD UBEZPIECZEN SA
  • 4.3% POWSZECHNA KASA OSZCZED BK POLSKI
  • 3.5% MAGNIT PJSC
  • 3.5% TURKIYE VAKIFLAR BANKASI TAO
  • 3.2% HALKBANK SKOPJE
  • 2.8% TATNEFTEPROM
  • 2.5% KOZA